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20121226
20121226
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KPIX (CBS) 8
KBCW (CW) 1
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Search Results 0 to 8 of about 9 (some duplicates have been removed)
to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's that much harder for graduates to pay back student loans weapon tuition rising across the nation. >>> the holiday season isn't what it used to be for american oh. a new poll suggests a lot of people are working between christmas and new year's. the survey conducted in the midwest shows about a third of workers will be on the job in the last week of 2012. >>> one of the positive signs for the american economy has been the housing market. in november, construction on new homes was up 22% from a year ago and in california, you may be surprised at who is buying. cbs news reporter ben tracy has more. >> this is the busy time of year. >> absolutely. this is when all the games come in. >> reporter: scott meadows runs salinas vineyards in california's napa valley and there's a good reason he put that american bald eagle on the bottle.
, the taliban is taking responsibility for a suicide bm attack outside of a u.s. military base. no americans died in the attack and officials say the bombers vehicle exploded. the bomber did not get inside the base. >> the world's longest high-speed railroad is now running in china. the first train left beijing this morning. it runs more than 1400 miles, about the distance from boston to miami. it used to take 20 hours, and now it will take 8 with the train hitting speeds of 200 miles per hour and more. the tickets go up to $470 for the vip round. they want to build a grid of trains by 2020. >>> the "new york times" says jerusalem will look at restrictions of what women can wear when they pray. >>> "usa today" says that more than 170 fridayers could be set free. they must be released or resentenced because they didn't commit a federal crime or were sentenced far longer than the law allows. >>> the health care sector is vulnerable to hackers. hospital commutersputers and medical divisions have holes that could cause hackers to get patient's information. >>> obesity may
with cash and invested about $16.4 billion in the u.s. in the past decade. $1.3 billion in california. and all in the past year. but the chinese, they are boosting the golden states housing recovery as they bought one out of every ten homes sold in the past year. >> compared to the high-end housing like in beijing, this is not that expensive though. and they thought that renting a door room was a waste of money. >> yeah, my parents decided to buy me a house as an investment outside china. >> reporter: he has sold 22% of the residence at the ritz to affluent chinese. >> they basically have a place to put their money and they look at their own economy as a place that is not very stable and the housing market is not very stable there either. >> reporter: the housing complex in irvine, california is being built for chinese buyers. separate walk cooking rooms, no unlucky fours in the addresses and multiple dances for multigenerational living. back in napa scott says that the chinese wealth is an opportunity, not a threat for the american business. >> america is known for equality. so the c
colorado. >> right now chains are required on interstate 80 east of gold run and on u.s. 50 east of pollock pines. the california department of water resources says there's been a 140% increase in this year's snowpack. >>> here in the bay area it wasn't a white christmas, it was a wet one. we saw heavy rainfall from time to time yesterday throughout the day. at times the rain came down at the rate of .2" an hour and in santa rosa the rain just hasn't stopped in nearly a month. up there in sonoma county, they have gotten 15 inches of rain since november 28th. that's more than a foot of rain in just four weeks. and the threat of more flooding is causing concerns along san fransesquito creek on the peninsula. a new layer of sandbags is on the levee along the creek in east palo alto. there's already been flooding from verbena to daphne way. some homes were evacuated after water seeped through a levee. >> we had to leave everything behind. >> we had a bad christmas so we're ready to move on. >> there is one home that's still vacant because water do into electrical outlets making it to
. no prescription needed. wiesel t axelrod: there continue to be encouraging signs that the u.s. eausing market is recovering. government figures for november show the construction on new homes was up 21.6% from a year ago. in california, you may be surprised at who is buying. here's ben tracy. >> reporter: this is the busy time of year for you guys. >> absolutely. this is when all the grapes come ns. >> reporter: scott meadows runs salinas vineyards in california's napa valley. there's a good reason he put that american bald eagle on the , ttle. it seems kind of nationalistic. >> it does, doesn't it? that was a specific request from our owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending
attention who are >>> egypt has a new constitution and already the u.s. is telling egypt to bridge the constitution. >> that's diplomatic for saying, do not be too focused on list lam. liberals have accused morsi of a power grab reminiscent of the mubarak area. some egyptians are hoarding dollars worried that the economy will go from bad to worse >>> dear sisters and brothers in rome and throughout the world. a happy christmas to you. >> he urged israeli and palestinians to negotiate. today, israel approved construction of another 1200 units on the we bank that are israel seize in the 1960 war. >>> and queen elizabeth delivered a christmas message, but did it in 3d for the first time. >>> i covered every story i thought until i heard this one. >> a holiday steal. how a man was able to get a classic corvette for his 1989 sticker price >>> and crooks are coming up with new ways to get personal info at gas stations. what you can do to protect yourself. >> just in case kids wants to get outside to enjoy all the new toys, maybe a new bike, new scooter, it is raining out. sacramento, tra
: chinese firms flush with cash have invested $16.4 billion in the u.s. in the past decade. $1.3billion in california companies. $560million in just the past year. the chinese are boosting the golden states housing recovery. they bought one out it have every ten homes sold in the past year. >> compare to high end housing like in beijing, this is not that expensive. >> reporter: a student at the university of southern california. his parents bought him this yearly $1 million condo. they thought renting a dorm room was a waste of money. >> my parents decide to buy me a house as a investment outside china. >> reporter: jim jacobson has sold 22% of the residents to affluent chinese. >> they don't have a place to put their money. they look at their own economy as a place where it's not very stable. the housing market is not very stable either. >> reporter: so this housing complex is being built for chinese buyers. separate wok cooking rooms. no unlucky fours in the addresses. back in napa scott says chinese wealth is an opportunity, not a threat for american business. >> america's known for
Search Results 0 to 8 of about 9 (some duplicates have been removed)